About your Search

20110716
20110716
Search Results 0 to 5 of about 6
to an end. it's just a big project, a $1 billion project that wraps up hopefully if things go as scheduled monday morning. right now, what you're looking at are construction crews hard at work behind me. they're demolishing a portion of this bridge. when i say busy, this artery is busy, 500,000 cars pass through it each day. millions hit this freeway each week. it's a big deal. so far we've gotten a really interesting update i'll tell you about in a sec. i saw cnn take the pictures live a short time ago. hopefully you turned it around for us. it was pretty cool stuff. knocking off chunks and chunks of those cement blocks at the top there, really, really hard work, a big, big project to tackle. but it seems that things are ahead of schedule. they're tearing down just a portion of that bridge. the update we have, we checked in with los angeles police as well as california transportation officials, things look really well on the roadways, the surface streets. traffic across the city is still relatively like. they don't know what the rest of the day or the weekend will bring. but if things mov
the road so we did not end up in this fiscal mess. >> everyone is going to the movies and a big story in the country right now and it relates to what is going on in the debt battle, the white house versus congress right now, battling, and president and cantor, reminiscent to harry potter and it ends this week. there is president obama versus speaker boehner. >> it would be terrifying if they had magical powers. how scary. >> who would be harry potter? >>dave: we will give you an idea, we compared the two in a roll out of this battle versus harry potter. look at this. >> i've been hearing from my republican friends for some time it is a moral imperative to tackle our debt and deficit in a serious way so i have said to them, let's go. >> we are in a crisis. >> i'm voting "no," on the debt ceiling. >> failing to raise the debt ceiling would be armageddon. >> i will not sign a 30-day or 60-day or 90-day extension. >> this debt limit increase is his problem. >> failure is not an option. >> this could have been avoided. >> you think you can hold the government ransom? >> we will in the supp
: the presidentnt continued to push for a big, painful deficit reduction package. >> we have a unique opportunity to do something big. >> reporter: and for the first time publicly, he detailed a specific, possible cut to a popular entitlement program. can you tell us one structural reform that you are willing to make to one of these entitlement programs that would have a major impact on the deficit? >> i've said that means testing on medicare. meaning, people like myself, you can envision a situation where, for somebody in my position, me having to pay a little bit more on premiums or copays or things like that would be appropriate. and again, that could make a difference. >> reporter: even with the suggestion, negotiations are at an impasse. house republicans are refusing to increase any taxes and insist the president is not serious about cuts. >> we asked the president to lead. we asked him to put forward a plan, not a speech, a real plan. and he hasn't. we will. >> reporter: the race is on to figure out a way to raise the debt ceiling without an agreement to reduce the deficit. and what happen
. >>> people love their cars, traffic jams are part of the daily life, but this weekend, the closure of a big chunk of the 405 freeway is causing added worry. it is shut down for a construction project. and residents are so worried they're calling this carmageddon, but so far, we're not seeing it. no gridlock. let's bring in cnn's kareen wynter who is above the 405 there. and we know ten miles of the 405 is closed, so no traffic there. what about everywhere else? >> reporter: everywhere else from our viewpoint all looks good. now a short time ago, we checked out some of the alternate routes officials were encouraging the public to take. it's really, really quiet right now. we saw a lot more people on bikes, pedestrians, people walking their dogs than we did people in their cars. one of our photographers -- our producers, rather, michael kerry took a picture on the other side of town near the pacific coast highway. usually an extremely congested area this time of year really any time. and that was another alternate route that officials were encouraging people to take if they were headed to l.a
. but this is the big one, folks. increased traffic on two off-peak days. >> stephen colbert didn't seem to think the so-called carmageddon in los angeles would be that big a deal or at all this weekend. so far, he seems to be right about this. the 405, one of the busiest freeways in the country, is shut down until monday so crews can tear down a bridge. the warnings to stay off the roads, they must have worked. mayor villaraigosa did a flyover to see if there was any road congestion, and he had to be pretty happy with what he saw. live now to sandra endo, standing by on the ventura freeway. where is all this herb e heal- h helacious traffic everyone was worried about? >> reporter: right. it was anticipated on this stretch of the freeway. officials are saying so far, so good, everything is smooth sailing, what epic traffic jams that they were warning the public about for three months now. take a look behind me, down at the shutdown 405. ads you were mentioning, this is a major artery servicing san fernando valley, and i can tell you i grew up in northridge, this is the lifeline to my grandma's house. th
and i don't think that working people need to be taxed, but when companies like ge pay no taxes and big oil have the tax breaks that they don't need, it's time to close some of those loopholes and i think we ought to stop the nonsense. >> kelly: let's hear from the other side. >> kelly, if i can jump in here, i agree with elliott in that we do have to resolve this. going over the cliff on this past august 2nd has some really negative consequences and we don't want to go there, don't want to do that so that's why we're trying another idea here, and on tuesday we'll pass the bill in congress which is cut cap and balance and we're proposing to cut spending, to have the spending limits, spending caps going forward, so an amount over which you, the government can't spend more money and have a balanced budget amendment. so, now, i would hope that the democratic colleagues will not just immediately reject this, but look at it. if you think we cut too much. propose a different number. if you think our spending caps are too low, tell us what kind of spending cap you might accept. do you like a b
Search Results 0 to 5 of about 6

Terms of Use (10 Mar 2001)